SGC eTEC E&C Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:15 am EST
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SGC eTEC E&C Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 197.82 million compared to KRW 637.2 million a year ago. Net income was KRW 4,341.81 million compared to KRW 11,913.22 million a year ago. Basic earnings per share from continuing operations was KRW 1,342 compared to KRW 3,679 a year ago. Basic earnings per share was KRW 1,342 compared to KRW 3,679 a year ago.
For the nine months, sales was KRW 503.64 million compared to KRW 1,834.33 million a year ago. Net loss was KRW 2,405.09 million compared to net income of KRW 50,568.28 million a year ago. Basic loss per share from continuing operations was KRW 743 compared to basic earnings per share from continuing operations of KRW 15,615 a year ago. Basic loss per share was KRW 743 compared to basic earnings per share of KRW 15,615 a year ago.
SGC E&C Co Ltd, formerly SGC eTEC E&C Co Ltd, is a Korea-based company mainly engaged in the construction business. The Company operates its business through four segments. The Plant Business segment provides construction and engineering services in related fields such as new and renewable energy, petrochemicals, fine chemistry, liquid crystal display (LCD) and semiconductor materials, power generation and energy. The Civil Engineering segment engages in construction works such as civil and non-residential buildings, apartment houses, and factory buildings, and the development of real estates. The Terminal Business segment engages in the rental of cargo terminals and the sale of petroleum. The Other segment provides management support for business operations.
SGC E&C CO., LTD. 
